Saturday, February 27, 2010

This is Compassion

... to enagage in using individual, anecdotal tales of woe to create massive new entitlements leading to colossal debt and eventually to rioting.

The Obama Administration recently unveiled it's FY 2011 budget. It calls for a deficit of almost $1.6T, the largest budget deficit ever. I don't know what to write about this. It's beyond mind-blowing. It's the result of having the government run by packs of academics and political lifers who have only the most tangential intersection with financial reality.

1 comment:

CZ said...

This is NOT compassion it is shameful grandstanding and she should hang her head. Her analogy didn't even make sense. Shame shame shame on her!